Bank of Nova Scotia (BNS) Insider Sells C$546,070.64 in Stock
Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) insider Deborah Alexander sold 7,114 shares of Bank of Nova Scotia stock in a transaction that occurred on Tuesday, September 12th. The shares were sold at an average price of C$76.76, for a total transaction of C$546,070.64.
Bank of Nova Scotia (BNS) opened at 77.00 on Friday. The firm’s 50-day moving average is $77.32 and its 200-day moving average is $77.51. The company has a market capitalization of $92.27 billion and a PE ratio of 12.00. Bank of Nova Scotia has a 52-week low of $69.05 and a 52-week high of $82.30.
The firm also recently announced a quarterly dividend, which will be paid on Friday, October 27th. Stockholders of record on Tuesday, October 3rd will be given a dividend of $0.79 per share. This is a positive change from Bank of Nova Scotia’s previous quarterly dividend of $0.76. This represents a $3.16 annualized dividend and a dividend yield of 4.10%.
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A number of equities analysts recently weighed in on the stock. Scotiabank lowered their target price on shares of Bank of Nova Scotia from C$89.00 to C$88.00 and set an “outperform” rating on the stock in a report on Wednesday, August 30th. National Bank Financial boosted their target price on shares of Bank of Nova Scotia from C$85.00 to C$86.00 and gave the stock an “outperform” rating in a report on Wednesday, August 30th. CIBC boosted their target price on shares of Bank of Nova Scotia from C$85.00 to C$87.00 in a report on Wednesday, August 30th. BMO Capital Markets boosted their target price on shares of Bank of Nova Scotia from C$83.00 to C$85.00 and gave the stock an “outperform” rating in a report on Wednesday, August 30th. Finally, Barclays PLC boosted their target price on shares of Bank of Nova Scotia from C$86.00 to C$88.00 in a report on Friday, August 11th. One investment analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average target price of C$85.83.
Bank of Nova Scotia Company Profile
The Bank of Nova Scotia is an international bank and a financial services provider in North America, Latin America, the Caribbean and Central America, and Asia-Pacific. The Bank offers a range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.
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